Ecuadorian shrimp manufacturer prices remain firm, the latest quotations:
20/30. $7.81
30/40 $6.61
40/50 $6.21
50/60 $5.91
60/70 $5.51
70/80 $5.31 (Brine frozen +0.1~0.3$, the quotation is for reference only).
Due to the support of the European and American markets, big brands Ecuadorian shrimp manufacturers are not willing to cut prices. However, in some channels, traders can get more affordable prices from some Ecuadorian shrimp manufacturers, which can be reduced by about $0.2.
But on the whole, it is more difficult for domestic merchants. The spot market appears deserted. However, what is different from the spot performance is that in the first three months, Chinese importers placed orders for Ecuadorian manufacturers soaring, and a large number of vannamei containers are still on the way.
“Everyone is still optimistic about the market in the second half of the year.” Although the epidemic has seriously affected the trade flow of imported frozen products, Chinese merchants are also adapting to the environment quickly. “It was difficult in the first few months of this year, but prices may rise a little bit by the end of March, because foreign prices began to rise before this year, and the cost of many goods is high, it can only be a loss of money if they do not rise.”
